A visitor to this blog reminded me about the red hot Australian market today, esp in light of the 1.4% move in the EWA's today. We were comparing the weather here in the Lone Star State with that in Scotland (his location) as well as far flung Sydney, Australia, and none other than the world famous Bondi Beach! It's a crowded beach, and you must take care of rips, rocks, sharks, and of course, locals! Another way to play the panoramic Australian market is to buy Wisdom Tree Pac ex Japan Hi Yield - symbol DNH - which is primarily Australia at 88% weight. Add the wonderful Kiwi exposure of 6% and you are 94% combined Australia and New Zealand with DNH. These are stone cold winning ETFs right now!
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